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€62.5 Million Boost for Cyprus SMEs and Start-ups

9/25/2025

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Summary

Story summary

Cyprus' first InvestEU Guarantee with the European Investment Bank Group and Eurobank unlocks €62.5 million for SMEs and start-ups.
The deal aims to simplify access by reducing collateral and extending repayment periods.
EIB Vice-President Kyriakos Kakouris says the deal could strengthen the local economy and create jobs.
EIF Chief Executive Marjut Falkstedt notes the agreement improves financing conditions across Europe.

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Story summary

Cyprus' first InvestEU Guarantee with the European Investment Bank Group and Eurobank unlocks €62.5 million for SMEs and start-ups.
The deal aims to simplify access by reducing collateral and extending repayment periods.
EIB Vice-President Kyriakos Kakouris says the deal could strengthen the local economy and create jobs.
EIF Chief Executive Marjut Falkstedt notes the agreement improves financing conditions across Europe.